Grants and Contributions:

Back to search

Title:

ML/AI Subscription Service: Data Storage and Preprocessing Layer

Agreement Number:

990118

Agreement Value:

$500,000.00

Agreement Date:

Jun 1, 2022 - Mar 24, 2023

Description:

With 13 years of experience in the industry, Symboticware has identified an opportunity to create a $350B annual value for the resource industry. A part of this value can be captured by our newly developed software, 4-Sight.ai. However, a large part of the value will be driven by Artificial Intelligence and Machine Learning. This has been validated by the market in the form of 5 new deals that we've signed/are in process of signing with large players for 4-Sight.ai. They all like what they see on the existing 4-Sight.ai, but are asking for AI/ML-based solutions to improve the productivity, reliability, efficiency, and carbon effectiveness of their fleet. We've already identified use-cases and algorithms in collaboration with customers.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Sudbury, Ontario, CA P3A 4R7

Reference Number:

172-2022-2023-Q1-990118

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

866353303

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The total amended value is 250,000 dollars. Nickel Belt 35069

Amendment Date

Oct 26, 2022

Recipient's Legal Name:

Symboticware Incorporated

Federal Riding Name:

Sudbury

Federal Riding Number:

35103

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

33632

Amendments:

See Amendments